Case Study: Fiskars achieves clear indirect spend visibility and faster M&A synergies with Sievo

Fiskars - Customer Case Study

Fiskars, the global consumer goods company, faced limited transparency into indirect spend after growing through acquisitions. Fragmented supplier data, maverick buying, limited leverage of Fiskars’ volume and poor collaboration between locations and sourcing offices made it hard to get a clear view of spend. Fiskars selected Sievo’s procurement analytics / spend analysis SaaS solution to provide the visibility and guidance needed to standardize categories, processes and supplier management.

Sievo was implemented beginning in 2012 and widely rolled out by 2015, with two ERP integrations added in 2016 following the WWRD acquisition. Sievo gave Fiskars clear supplier visibility, supplier access to analytics, transport-specific reporting across 66 logistics providers, and a common data-driven platform that sped up M&A synergies, enabled bundling and consolidation conversations, improved internal communication and strengthened Fiskars’ negotiation position.

Fiskars

Eija Repo

Global Sourcing Director